Emerging Africa Infrastructure Fund (EAIF)

The EAIF provides US$10 million to US$36.5 million to projects across a range of sectors including telecoms, transport, water and power. It lends American dollars and euros to private companies (or soon to be privatised companies). This lending is for greenfield projects or for the refurbishment, upgrade or expansion of existing facilities. While the EAIF lends on commercial terms, it aims to support projects that:-- promote economic growth and reduce poverty;-- benefit broad-based population groups;-- address issues of equality and participation;-- promote social, economic and cultural rightsThe EAIF intends to make a lasting positive impact on the infrastructure of sub-Saharan Africa. This will facilitate economic growth and contribute to poverty reduction in the region.